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Dry Cargo
Independent FFA Association launches
The Baltic Exchange has a rival when it comes to forward freight agreements (FFAs). Spearheaded by John Banaszkiewicz, the Independent…
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Asia
Short circuit sparks Indonesian vessel blaze
A short circuit in the engine room of the Fortuner general cargo ship sparked a fire yesterday afternoon in Indonesian…
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Ports and Logistics
Stolthaven Terminals opens in Kaohsiung
The joint venture between Stolthaven Terminals and Revivegen Environmental Technology was made official yesterday at a ceremony with Taiwan Cooperative…
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Tech
Maritime tech disappointments in 2023
Shipping is regularly lambasted for its lack of innovative spirit. As regular writers of annual tech previews – see last…
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Dry Cargo
Cargill orders landmark methanol-powered bulkers in Japan
With 2023 being tipped by many as the year methanol goes mainstream as shipping’s alternative fuel for the 2020s, an…
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Europe
IFCHOR Galbraiths merger signed
Shipbrokers IFCHOR and Galbraiths have completed the signing of their merger agreement, unveiling a new logo in the process. The…
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Tech
Flexport to let go of 20% of its workforce
Flexport, a well-known American digital freight forwarder, is letting go of 20% of its staff. Co-CEOs Dave Clark and Ryan…
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Regulatory
American faces lengthy jail sentence over Iranian LPG shipments
Behrouz Mokhtari, 72, of McLean, Virginia, and Tehran, Iran, a naturalised US citizen, has pleaded guilty this week to two…
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Tankers
Two feared dead as Chinese tanker explodes and splits in two
An empty tanker exploded and split in two on Tuesday afternoon in Chinese waters. Search and rescue teams managed to…
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Ports and Logistics
Copper heist at Chilean port
Chilean police are investigating a violent heist at the country’s top port earlier this week, with robbers making away with…
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Operations
Volume of maritime podcasts on the up
The number of maritime-related podcasts has mushroomed significantly in recent years with plenty more slated to start taping this year.…
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Tech
Maritime tech breakthroughs in 2023
In the first of a two-part survey looking at maritime tech in 2023, today Splash identifies the potential big breakthroughs…
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Tankers
Alex Saverys keen to change management and strategy at Euronav
Alex Saverys-led Compagnie Maritime Belge (CMB) has said it would like to change the composition of the board and strategy…
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Europe
Tsakos negotiates contract switch from boxships to tankers with Korean yard
Illustrative of where pundits think the markets will go in 2023, Alphaliner is reporting Greece’s Tsakos Shipping and Trading is…
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Finance and Insurance
China’s shipping ‘godmother’ faces anti-graft prosecution
Li Li, one of the best known names in Chinese ship finance, is facing prosecution in Beijing after the authorities…
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Tech
NYK praises Starlink
One of the big maritime tech trends this year is expected to be the scramble to install Starlink satellites on…
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Dry Cargo
New Dayang wins ultramax orders
In the bulk carrier sector, Chinese builder New Dayang has secured two orders for ultramax newbuidings, both from London-based repeat…
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Tankers
John Fredriksen walks away from Euronav merger
John Fredriksen’s pursuit of Euronav is over. The Norwegian tanker magnate’s tanker firm, Frontline, on Monday announced it will no…
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Europe
Banks take control at Vroon, OSV fleet to be sold
Top management at Vroon have outlined a restructuring plan with banks set to take control of one of the best…
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Europe
MSC ship grounds at mouth of Italy’s largest container port
Nearly 24 hours on from becoming wrapped around a breakwater, the 339 m long boxship remains grounded at the entrance…
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